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“Facebook is not worth $33,000,000,000”
- dkrich 12y agoFord, (NYSE:F), my largest personal holding, reported $1.4 billion dollars in Q1 2014. They currently trade at a valuation of around $67 billion. Facebook reported (according to Siegler), $642 million last quarter. So if his argument stands, that a company that earns .64 billion dollars in one quarter should be valued at $168 billion, I should be celebrating an impending 65-bagger, as clearly Ford is soon to be valued at $4.3 TRILLION!